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Louisiana’s gambling riverboats may soon be able to move ashore

Louisiana’s gambling riverboats may soon be able to move ashore

posted on January 17, 2018 by

Louisiana’s gambling riverboats may soon be able to move ashore. Later this year, state lawmakers will consider a significant revision of the state’s riverboat casino laws for the first time in nearly two decades. 

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MGM Growth Properties makes offer for Vici Properties

MGM Growth Properties makes offer for Vici Properties

posted on January 17, 2018 by

MGM Growth Properties made public Tuesday its unsolicited offer for Vici Properties, the REIT that was spun off from Caesars Entertainment when it emerged from bankruptcy last October.

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Pondering how to deal with ‘weed’

Pondering how to deal with ‘weed’

posted on January 16, 2018 by

Gaming Insider | Where does the Nevada gaming business go from here? There’s a lot of energy and high-powered imaginations being invested in the search for answers.

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Cruise business booming as never before

Cruise business booming as never before

posted on January 16, 2018 by

One Mann's Opinion | Nevada’s gambling resorts and those on the Las Vegas Strip remain under siege from all sides when it comes to the battle over vacation spending.

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Abstract numbers tell story of Vegas visitors

Abstract numbers tell story of Vegas visitors

posted on January 16, 2018 by

The Analyst | Every year all Nevada casinos submit something known as a standardized financial statement to the Nevada Gaming Control Board. The report is prepared for the same time period as Nevada’s fiscal year.

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Yavapai Downs purchased, set to return

Yavapai Downs purchased, set to return

posted on January 16, 2018 by

Yavapai Downs, the defunct racetrack in Prescott, Arizona has a new owner, a group led by Phoenix-based JACOR Partners. The company announced that its affiliate J and J Equine Enterprises LLC has closed on the purchase of the racetrack property. 

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The Esports Arena to debut at Luxor

The Esports Arena to debut at Luxor

posted on January 16, 2018 by

The next major popularity test for competitive video gaming begins in March when The Esports Arena Las Vegas inside the Luxor Resort & Casino opens on March 22 on the Las Vegas Strip.

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Penn National files winning bid to operate casino near Pennsylvania's border

Penn National files winning bid to operate casino near Pennsylvania's border

posted on January 16, 2018 by

Penn National Gaming has obtained the right to operate a casino near Pennsylvania’s southern border in York County, submitting a winning bid last week of just over $50 million. The chosen site is expected to draw heavily from Maryland.

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Nevada's largest casinos report income of $1.6B

Nevada's largest casinos report income of $1.6B

posted on January 15, 2018 by

Nevada’s comeback from the significant business downturn beginning ten years ago continues as the state’s largest casinos turned a profit for the second fiscal year in a row and finally broke the revenue record set in 2007.

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Hollywood Casino Columbus Ohio's top casino in 2017 based on revenue

Hollywood Casino Columbus Ohio's top casino in 2017 based on revenue

posted on January 15, 2018 by

In Ohio, Penn National’s Hollywood Casino Columbus was the state’s top casino in 2017 based on revenue. It’s the second straight year for the distinction, according to data released last week by the Ohio Casino Control Commission.

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WEG, Gural begin new drug rules aimed at owner responsibility

WEG, Gural begin new drug rules aimed at owner responsibility

posted on January 15, 2018 by

New regulations now in place at three Jeff Gural-owned standardbred tracks and two Woodbine Entertainment Group ovals have stiffened penalties against owners whose horses have been drugged.

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Lawmakers ask for Internet gambling to be kept legal

Lawmakers ask for Internet gambling to be kept legal

posted on January 13, 2018 by

Ten Federal lawmakers representing New Jersey have asked the U.S. Justice Department to keep Internet gambling legal. Internet gambling is now a flourishing industry, helping Atlantic City’s seven casinos recover from a challenging three-year period.

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Oneida Nation's Point Place Casino scheduled to open March 1

Oneida Nation's Point Place Casino scheduled to open March 1

posted on January 13, 2018 by

Amid recent data showing many newly opened New York State casinos are not meeting their revenue projections, the Oneida Nation's newest casino in Bridgeport in Madison County, is now scheduled to open March 1.

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State Sen. Becky Harris named new chair of Nevada Gaming Control Board

State Sen. Becky Harris named new chair of Nevada Gaming Control Board

posted on January 13, 2018 by

Nevada Gov. Brian Sandoval has named Republican State Sen. Becky Harris as the new chair of the Gaming Control Board (GCB), the governor’s office announced Friday morning. She will be the first woman to serve in that capacity.

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Monticello horsemen secure for seven years with new agreement

Monticello horsemen secure for seven years with new agreement

posted on January 12, 2018 by

Harness horsemen at historic Monticello Raceway in New York have received some job security thanks to a new, long-term agreement guaranteeing the track’s purse structure for the next seven years.

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Push to allow Fla. residents to vote on gambling expansion 41k signatures short

Push to allow Fla. residents to vote on gambling expansion 41k signatures short

posted on January 12, 2018 by

In Florida, the push towards allowing residents to vote on a proposed constitutional amendment to decide on future gambling expansion is about 41,000 signatures short of making the November ballot. The effort faces a Feb. 1 deadline.

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Record $1.887B wagered on races at Gulfsream Park in 2017

Record $1.887B wagered on races at Gulfsream Park in 2017

posted on January 11, 2018 by

The Stronach Group’s various moves to strengthen business at its major thoroughbred racetracks is achieving improved results at Florida’s Gulfstream Park where a record $1.887 billion was wagered on its races in 2017.

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Adelson Family Foundation continues to aid in Typhoon Hato recovery efforts

Adelson Family Foundation continues to aid in Typhoon Hato recovery efforts

posted on January 11, 2018 by

The Adelson Family Foundation is continuing its unprecedented efforts to assist in recovery efforts in Macau from Typhoon Hato by awarding more than $1.9 million (US) this week to the University of Saint Joseph.

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MGM Resorts returns as presenting sponsor of Dr. Martin Luther King, Jr. Parade

MGM Resorts returns as presenting sponsor of Dr. Martin Luther King, Jr. Parade

posted on January 11, 2018 by

Las Vegas-based MGM Resorts International returns as the presenting sponsor of the Dr. Martin Luther King, Jr. Parade Monday, Jan. 15th in Downtown Las Vegas. The theme will be, "Living the Dream – Building a Bridge to Unity."

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Maryland’s six casinos took in $141 million in December

Maryland’s six casinos took in $141 million in December

posted on January 10, 2018 by

Maryland’s six casinos took in $141 million in December, the second-best revenue month ever. The first Maryland casino opened in in 2010. MGM National Harbor led all state casinos reporting $56.5 million from table games and slot machines.

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Japanese lawmakers considering whopping progressive casino taxJapanese lawmakers considering…

Lawmakers are considering a whopping progressive tax on proposed Japanese casino/resorts that might reach 50 percent of gross gaming revenue, reports The Japan Times.

Boyd Gaming reports fourth-quarter net income of $82.2MBoyd Gaming reports fourth-quarter net…

Las Vegas-based Boyd Gaming Corp. (BYD) reported fourth-quarter net income of $82.2 million on Tuesday. The company said it had profit of 71 cents per share. Earnings, adjusted for pretax gains, were 22 cents per share. 

MGM Resorts ready to move towards accepting sports bets if approvedMGM Resorts ready to move towards…

MGM Resorts International Chairman and CEO Jim Murren has revealed his company is ready to quickly move toward accepting sports bets, should the U.S. Supreme Court legalize national sports wagering.

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Clear the Bases | Over the season, you can expect my top MLB picks and betting angles, current baseball news, and the inside scoop from our own race and sports directors on the biggest bets and who is making them.

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